Income Tax Act 2007
Sections and provisions with full text and the judgments that cite each one.
Section 1010 — Application of Income Tax Acts to recognised investment exchanges
Application of Income Tax Acts to recognised investment exchanges 1010 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Section 1011 — References to married persons, or civil partners, living together
References to married persons, or civil partners, living together 1011 Individuals who are married to, or are civil partners of, each other are treated for the purposes of the Income Tax Acts as…
Section 1012 — Relationship between rules on highest part of total income
Relationship between rules on highest part of total income 1012 1 This section makes provision about the relationship between rules requiring particular income to be treated as the highest part of a…
Section 1013 — Territorial sea of the United Kingdom
Territorial sea of the United Kingdom 1013 The territorial sea of the United Kingdom is treated for the purposes of the Income Tax Acts as part of the United Kingdom.
Section 1014 — Orders and regulations
Orders and regulations 1014 1 This section applies to all powers under the Income Tax Acts of the Treasury or the Commissioners for Her Majesty's Revenue and Customs to make orders or regulations,…
Section 1015 — Territorial scope of charges under certain provisions to which section 1016 applies
Territorial scope of charges under certain provisions to which section 1016 applies 1015 1 This section applies in relation to any amount chargeable to income tax under or by virtue of any provision—…
Section 1016 — Table of provisions to which this section applies
Table of provisions to which this section applies 1016 1 In the Income Tax Acts references to any provision to which this section applies are references to any provision listed in the following table…
Section 1017 — Abbreviated references to Acts
Abbreviated references to Acts 1017 In this Act— “ CAA 2001 ” means the Capital Allowances Act 2001 (c. 2), “ CTA 2009 ” means the Corporation Tax Act 2009, CTA 2010 ” means the Corporation Tax Act…
Section 1018 — “Act” to include Scottish and Northern Ireland legislation in some cases
“Act” to include Scottish and Northern Ireland legislation in some cases 1018 1 In the following provisions of this Act, “ Act ” includes an Act of the Scottish Parliament— section 66 (restriction on…
Section 1019 — Meaning of “certificate of deposit”
Meaning of “certificate of deposit” 1019 In this Act “ certificate of deposit ” means a document— a relating to the deposit of money in any currency, b recognising an obligation to pay a stated…
Section 1020 — Claims and elections
Claims and elections 1020 1 In this Act any reference to a claim or election is to a claim or election in writing or in any form authorised (in relation to the case in question) by directions under…
Section 1021 — Application of definitions of “connected” persons and “control”
Application of definitions of “connected” persons and “control” 1021 1 Section 993 (meaning of “connected” persons) applies for the purposes of this Act unless otherwise indicated. 2 Section 995…
Section 1022 — Meaning of “debenture”
Meaning of “debenture” 1022 1 In this Act “ debenture ” has the meaning given by section 738 of the Companies Act 2006 . 1A For the meaning of “debenture” in sections 257KB(3) to (5), 257L(4),…
Section 1023 — Meaning of “double taxation arrangements”
Meaning of “double taxation arrangements” 1023 In this Act “ double taxation arrangements ” means arrangements which have effect under section 2(1) of TIOPA 2010 .
Section 1024 — Meaning of “gilt-edged securities”
Meaning of “gilt-edged securities” 1024 In this Act “ gilt-edged securities ” means any securities which— a are gilt-edged securities for the purposes of TCGA 1992 (see Schedule 9 to that Act), or b…
Section 1025 — Meaning of “modified net income”
Meaning of “modified net income” 1025 1 For the purposes of this Act a person's modified net income for a tax year (“year X”) is the person's net income for year X calculated in accordance with Steps…
Section 1026 — Meaning of “ non-qualifying income ” for the purposes of section 1025
Meaning of “ non-qualifying income ” for the purposes of section 1025 1026 For the purposes of section 1025 an amount included in a person's total income is non-qualifying income if it is— a . . . .…
Section 1027 — Minor and consequential amendments
Minor and consequential amendments 1027 Schedule 1 (minor and consequential amendments) has effect.
Section 1028 — Power to make consequential provision
Power to make consequential provision 1028 1 The Treasury may by order make such provision as the Treasury consider appropriate in consequence of this Act. 2 The power conferred by subsection (1) may…
Section 1029 — Power to undo changes
Power to undo changes 1029 1 The Treasury may by order make such provision as the Treasury consider appropriate, in relation to a case in which the Treasury consider that a provision of this Act…
Section 1030 — Transitional provisions and savings
Transitional provisions and savings 1030 1 Schedule 2 (transitional provisions and savings) has effect. 2 The Treasury may by order make such transitional or saving provision as the Treasury consider…
Section 1031 — Repeals and revocations
Repeals and revocations 1031 Schedule 3 (repeals and revocations, including of spent enactments) has effect.
Section 1032 — Index of defined expressions
Index of defined expressions 1032 1 Schedule 4 (index of defined expressions that apply for the purposes of this Act) has effect. 2 That Schedule lists the places where some of the expressions used…
Section 1033 — Extent
Extent 1033 1 This Act extends to England and Wales, Scotland and Northern Ireland (but see subsection (2)). 2 An amendment, repeal or revocation contained in Schedule 1 or 3 has the same extent as…
Section 1034 — Commencement
Commencement 1034 1 This Act comes into force on 6 April 2007 and has effect— a for income tax purposes, for the tax year 2007-08 and subsequent tax years, and b for corporation tax purposes, for…
Section 1035 — Short title
Short title 1035 This Act may be cited as the Income Tax Act 2007.